Assignment 4China, Africa and OilAs world leaders seek to lock down resources for their countries' futures, larger countries like the United States and China are rapidly purchasing oil and other natural resources rate as their population increases. The country of China, with a population of 1.33 billion, has almost 4 times the population of the United States and for this reason uses natural resources at a very rapid rate which forces China to consider all its options for purchasing of resources. One of China's sources is the African continent and with all the countries within it it produces oil and other goods that China can buy and trade. Countries such as Angola, the Republic of Congo, Equatorial Guinea and Sudan were the largest suppliers of oil to China in 2006 according to (Stephanie Hanson – China, Africa and Oil), accounting for 1/3 of total imported oil . It can be said that trade with China represents a huge advantage, since Africa has a guaranteed sale for many of its oil barrels. Unfortunately this is also a disadvantage since factors and figures like these allow China to have a great influence on what happens within the countries of Africa, given that its purchasing power is so great. China, with all its economic power, asserts its influence when it wants to trade with countries for their goods. In this case, he knows that a largely poorer country like Africa would jump at the opportunity to sell its goods to any country willing to pay him money, and because of these needs, China's trade with 'Africa doubled to 18.5 billion dollars in 2007. and reached 73 billion dollars (Stephanie Hanson – China, Africa and oil) However, all this money and trade are not without damage and disadvantages, and even if China trades money... half the paper... ...rather than trying to earn the respect of the whole country at once. Africa takes pride in the work it does, and if China didn't buy 1/3 of its oil from Africa, there would be barrels of oil left unused and trading goods from cheap Chinese markets would not pay off. make inroads into African markets, offering the African population a better lifestyle, so there are always advantages and disadvantages to trading, sometimes regardless of the cost. China's need for oil will continue to grow and its power will grow at the same rate, which is why the situation in Africa will continue to worsen over time as the Chinese continue to take control one piece at a time, with their empty promises. Assignment 4China, Africa and oilProfessor Dr. P. WoodT/A: Sally ElabaseryStudent no. 210182129 – Michael Faranda